Team managing $250 million leaves Ameriprise for LPL

Riolo Financial Group, an independent team managing $250 million in New City, New York, has left Ameriprise Financial and affiliated with the broker-dealer and registered investment adviser platforms of LPL Financial.

The planning-based practice, led by Dominick Riolo and his son, Frank Riolo, was founded in 2014.

They are joined in the move by adviser and colleague Lisa Sherman and two office support staff members.

The team was affiliated with Ameriprise for seven years.

[More: LPL, Commonwealth start to gain traction with wirehouse reps]

Niche advisers should demonstrate their expertise

The post Team managing $250 million leaves Ameriprise for LPL appeared first on InvestmentNews.

Andrew is half-human, half-gamer. He’s also a science fiction author writing for BleeBot.

Andrew Vincent
Andrew is half-human, half-gamer. He's also a science fiction author writing for BleeBot.
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